Page 2 - Hedge Funds

Hedge funds bring in record profits betting on 'catastrophe' bonds

Behind those record returns were bold bets on catastrophe bonds and other insurance-linked securities

British hedge fund trader Sanjay Shah detained in Denmark before trial

Shah is due to face trial in Denmark early next year on charges related to so-called "cum-ex" trading schemes in which the Danish state says it lost more than 12.7 billion crowns ($1.84 billion)

Hedge fund trader Sanjay Shah extradited to Denmark a year after arrest

Shah was taken into custody by police on his arrival in Copenhagen on Wednesday, and will be taken to court for a bail hearing on Thursday morning, Danish police said in a statement

Blackstone to close multi-strategy fund after assets drop nearly 90%

The US-based asset manager said it had informed clients after it decided in October that its Blackstone Diversified Multi-Strategy fund would close at the end of the year

Mark Mobius joins hedge fund elite planning Dubai investing venture

The 87-year-old money manager said he's busier than ever as he looks to set up a new venture in Dubai

Trader loses last fight to kick out $1.8 bn UK dividend tax fraud case

Shah's lawyers had argued the claim shouldn't take place in the UK because matters of foreign tax law can't be ruled on there

Top headlines: iPhone15 series launched, Byju's hid $533 mn in hedge fund

Business Standard brings you the top headlines at this hour

How Hedge Fund, other money managers are using ChatGPT for marketing

Forty-four percent of money managers use the artificial intelligence tool in a professional capacity, according to the report from BNP Paribas SA

Meet Alex Soros, the man in-charge of running a $25 billion empire

Like his father, Alex Soros plans to continue supporting left-leaning politics and claims that he is "more political" than his controversial father

Physis Capital raises $7 mn for $50 mn fund, on track for 2024 target

Physis Capital on Tuesday announced its first close of USD 7 million (about Rs 58 crore) for its USD 50 million (about Rs 414 crore) fund, and said it is on track to achieve the final close in 2024. Physis Capital will actively look to invest from its first fund by Q3 2023 in startups looking to raise pre Series A to Series B (or growth stage) capital. The fund, which is a sector agnostic, is looking to build a portfolio of 15-20 startups with an average ticket size of USD 2.5 million. "We have seen investors interest remaining steady with respect to startup investments in the Indian startup ecosystem," Ankur Mittal, Partner at Physis Capital, said. He added: "...we've received good interest in the past few months, especially from new investors who are backing the GPs (General Partners) and investing with us for the first time, looking at our track record". Mitesh Shah, Partner at Physis Capital, said that while majority of funds raised by the company so far are from Indian invest

Byju's lenders ready for loan restructuring but want $200 mn prepayment

Byju's has volunteered to raise the interest rate for the loan by about 200 basis points (bps), but it has not agreed to the prepayment clause so far

'Greatest ever': Citadel made nearly $16 billion for clients in 2022

The top 20 hedge fund firms collectively generated $22.4 billion in profit after fees, according to estimates by LCH Investments, a fund of hedge funds

How two Pythagoras crypto hedge funds dodged the market collapse

Pythagoras Investment Management LLC has two funds that have been rare bright spots in a market that's been eviscerated by a number of scandals

Some hedge funds face steep losses after betting on the hot sectors

Data from Hedge Fund Research shows the HFRX Global Hedge Fund Index slipped 1 per cent in May, leaving it down 3.31 per cent for 2022 till date

An obscure corner of Wall Street is making billions trading inflation

Small teams have been making the most of global price shocks with volatile trades

Seeking alpha returns, shunning scrutiny: funds bank on private markets

The appetite among thousands of attendees at a trifecta of hedge fund and alternative asset conferences in Miami at the end of January to find new avenues for 'generating alpha' was palpable

Govt tweaks spending norms for Contingency Fund of India

The fund is held by the Department of Economic Affairs on behalf of the President of India and it can be operated by executive action

Hedge fund winners and losers turn extreme in wild Asian markets

Chinese regulatory tightening ensnared industries ranging from e-commerce and after-school tutoring to ride-hailing, sending two gauges of Hong Kong-listed stocks to the biggest declines

9 hot new hedge funds launched by leading women of the finance world

'It is a watershed moment to have multiple female-led hedge fund launches,' says Dominique Mielle, a former partner and portfolio manager at Canyon Capital

Stock pros are as hedged as ever under record-smashing S&P rally

Big institutions are still paying a decent premium to hedge the S&P 500 Index compared with how tranquil the benchmark has actually been lately